How I Would Redeem 75,000 Capital One Miles for Maximum Value

Although nearly every major bank has a premium travel credit card nowadays, arguably, no card is as justifiable as the Capital One Venture X Rewards Credit Card*×Information collected independently. Not reviewed by Capital One..

If you’re looking for an all-around card with a a simplified earning structure, a plethora of perks and benefits, and highly valuable transferable rewards miles, look no further than the Capital One Venture X card. The current welcome bonus offer is available to new applicants:

Earn 75,000 miles when you spend $4,000 on purchases in the first 3 months.

Although not as valuable as American Express Membership Rewards or Chase Ultimate Rewards, Capital One miles can provide tremendous value when redeemed strategically. However, that is much easier said than done, as there are numerous ways to redeem these miles.

Here’s a look at the ultra-popular Capital One Venture X card, the value of Capital One miles, and how I would redeem 75,000 Capital One miles upon snagging this welcome bonus offer.

Capital One Venture X Card Overview

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Capital One Venture X Rewards Credit Card

U.P. Rating 

The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

The Capital One Venture X card is an excellent option for travelers looking for an all-in-one premium credit card.

Capital One Venture X Rewards Credit Card

The Capital One Venture X card is an excellent option for travelers looking for an all-in-one premium credit card.

Welcome Offer

Earn 75,000 bonus miles when you spend $4,000 on purchases in the first 3 months from account opening, equal to $750 in travel.

75,000 miles

UP's Bonus Valuation*:

$1,350

Annual Fee

$395

APR

19.99% - 29.49% (Variable)

Credit Recommended

Upgraded Points credit ranges are a variation of FICO^®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.

Excellent (740-840)

Why We Like This Card

The Capital One Venture X Rewards Credit Card is the premium Capital One travel rewards card on the block.

Points and miles fans will be surprised to see that the Capital One Venture X card packs quite the punch when it comes to bookings made through Capital One, all while offering the lowest annual fee among premium credit cards.

Depending on your travel goals and preferences, the Capital One Venture X card could very well end up being your go-to card in your wallet.

 

Pros & Cons

Pros

• 10x miles per $1 on hotels and rental cars purchased through Capital One Travel
• 5x miles per $1 on flights and vacation rentals purchased through Capital One Travel
• 2x miles per $1 on all other purchases

Cons

• $395 annual fee (rates & fees)
• Does not offer bonus categories for flights or hotel purchases made directly with the airline or hotel group, the preferred booking method for those looking to earn elite status

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Card Highlights

• Earn 75,000 bonus miles when you spend $4,000 on purchases in the first 3 months from account opening, equal to $750 in travel
• Receive a $300 annual credit for bookings through Capital One Travel, where you'll get Capital One's best prices on thousands of trip options
• Get 10,000 bonus miles (equal to $100 towards travel) every year, starting on your first anniversary
• Earn unlimited 10X miles on hotels and rental cars booked through Capital One Travel and 5X miles on flights and vacation rentals booked through Capital One Travel
• Earn unlimited 2X miles on all other purchases
• Enjoy complimentary access to 1,300+ airport lounges worldwide, including Capital One Lounge locations and the Partner Lounge Network
• Use your Venture X miles to easily cover travel expenses, including flights, hotels, rental cars and more—you can even transfer your miles to your choice of 15+ travel loyalty programs
• Enjoy a $100 experience credit and other premium benefits with every hotel and vacation rental booked from the Premier Collection
• Receive up to a $120 credit for Global Entry or TSA PreCheck^®

Financial Snapshot

• APR: 19.99% - 29.49% (Variable)
• Foreign Transaction Fees: None

Rewards Center

Capital One Miles

 

Among all-around travel credit cards, few are as versatile as the Capital One Venture X card. Besides the fantastic welcome offer, its numerous benefits make this card stand out:

• 10x miles for hotels and rental cars booked through Capital One Travel, 5x miles for flights books through Capital One Travel, 2x miles on all other purchases
• $300 annual credit for bookings through Capital One Travel
• 10,000 bonus miles (equal to $100 towards travel) every year, starting on your first anniversary
• Access to Capital One’s transfer partners
• Unlimited complimentary lounge access more than 1,300 lounges worldwide, including Capital One Lounges and the Partner Lounge Network
• Global Entry or TSA PreCheck credit
• Ability to add authorized users for no additional annual fee (rates & fees)
• No foreign transaction fees (rates & fees)
• $395 annual fee (rates & fees)

What Are Capital One Miles Worth?

We value Capital One miles at 1.8 cents per point, making the current welcome offer worth $1,350. Capital One miles are among the most valuable transferable rewards available, only behind American Express Membership Rewards points and Chase Ultimate Rewards points.

Of course, how you choose to redeem these miles determines how much value you get. There are many ways to redeem Capital One miles, including gift cards, statement credits, and booking travel through Capital One Travel. However, the best way to redeem Capital One miles is by transferring them to Capital One’s travel partners.

4 Ways I Would Use 75,000 Capital One Miles

At Upgraded Points, we strive to get outsized value from our miles. After meeting the minimum spending requirements, here are several ways I would redeem 75,000 Capital One miles for maximum value.

1. Qatar Qsuites Business Class to the Middle East

I try to fly in business class on long-haul international flights whenever possible. Fortunately, that’s made easier with Capital One miles.

Qsuites, Qatar Airways’ flagship business class product, is arguably the best business class around. The private suites feature doors offering a ton of space and privacy. Qatar also serves some of the best inflight cuisines of any airline.

Fortunately, Qsuites can easily be booked with Capital One’s transfer partner, British Airways Executive Club. Although the program has undergone major changes, British Airways Avios are still valuable.

British Airways Avios can be redeemed for award flights on British Airways and Oneworld partners. The best value is typically found on nonstop, long-haul routes in business class, such as Qsuites.

For 70,000 Avios, you can book a nonstop one-way Qsuites flight to Doha (and other Middle Eastern destinations) from several U.S. cities. However, since the program is distance-based, the airline requires more miles and higher taxes and fees if you need to connect onward.

I’ve only flown in Qatar Qsuites once, back in 2018, but I plan to experience it again in early 2025. Fortunately, I have found sporadic award space to several destinations I have not yet traveled to in the Middle East.

Capital One miles transfer to British Airways Executive Club at a 1:1 ratio. British Airways Executive Club is also a transfer partner of American Express Membership Rewards, Bilt Rewards, Chase Ultimate Rewards, and Wells Fargo Rewards.

2. Star Alliance Business Class Between the U.S. and Europe

Europe is a dream destination for many, and few things are better than flying there in business class. Fortunately, this is relatively easy to do with Capital One miles.

Avianca LifeMiles, a transfer partner of Capital One, offers excellent Star Alliance redemption options. The loyalty program is a favorite in the points and miles community as it has a fantastic award chart with incredible sweet spots and does not pass on fuel surcharges on award tickets.

One sweet spot is for business class flights between Europe and North America. According to the LifeMiles award chart, a one-way business class award between Europe and North America can be booked for just 70,000 LifeMiles plus taxes and fees.

You can redeem Avianca LifeMiles to fly on several Star Alliance airlines, including United, Air Canada, SWISS, Lufthansa, and Turkish Airlines. I flew Air Canada business class earlier this year using Avianca LifeMiles. Once the new SWISS business class between the U.S. and Europe becomes available, I plan to use Avianca LifeMiles to book a flight.

Capital One miles transfer to Avianca LifeMiles at a 1:1 ratio. Avianca LifeMiles is also a transfer partner of American Express Membership Rewards, Citi ThankYou Rewards, and Wells Fargo Rewards.

3. Air France or KLM Business Class Between the U.S. and Europe

You could also book Air France or KLM business class with Capital One Miles through Flying Blue, the loyalty program of Air France-KLM.

Flying Blue is an excellent program for award redemptions, as it offers fantastic award pricing for routes between the U.S. and Europe. Unfortunately, Flying Blue uses dynamic pricing, meaning there’s no set award chart, and award pricing can vary quite a bit.

However, the good news is that Flying Blue does have standardized saver-level pricing. Assuming you can find the award space, one-way business class flights between the U.S. and Europe can be booked for as little as 50,000 miles one-way.

However, unlike Avianca LifeMiles, Flying Blue passes on hefty fuel surcharges. You can expect to pay about $250 each way. Although I have yet to fly Air France in business class, I look forward to doing so, especially in the newer Air France business class cabin.

Capital One miles transfer to Flying Blue at a 1:1 ratio. Flying Blue is also a transfer partner of American Express Membership Rewards, Chase Ultimate Rewards, Citi ThankYou Rewards, and Wells Fargo Rewards.

4. A Family Trip to Hawaii and Back

Another excellent redemption option is for those looking to take a trip to Hawaii. This can easily be done by utilizing another Capital One transfer partner, Turkish Airlines Miles&Smiles.

Although the loyalty program experienced a brutal devaluation earlier this year, some solid redemption opportunities remain. One such opportunity is for those flying between the mainland U.S. and Hawaii on Star Alliance partner United Airlines.

From the mainland U.S., you can fly to Hawaii in economy for just 10,000 Turkish Miles&Smiles miles one-way, or 20,000 miles round-trip. This means a family of 4 could fly to Hawaii and back for just 80,000 miles, which can be easily achieved after meeting the minimum spending requirements.

Although I have traveled to more than 100 countries, I have yet to visit Hawaii. My wife and I are also planning to go to Hawaii next year — and yes, we will be using Turkish Miles&Smiles miles to get there and back!

Capital One Miles transfer to Turkish Miles&Smiles at a 1:1 ratio. Turkish Miles&Smiles is also a transfer partner of Bilt Rewards and Citi ThankYou Rewards.

Final Thoughts

There are numerous ways to redeem the miles from the Capital One Venture X card, from gift cards to statement credits to travel through Capital One Travel. However, the real value remains with Capital One’s airline and hotel transfer partners.

Transferring Capital One Miles to partner programs, such as Avianca LifeMiles, British Airways Executive Club, or Turkish Miles&Smiles is an excellent way to fly in business class on some of the best airlines around the world. I can’t wait to book and experience luxurious flights using a single credit card welcome offer.